Currency Currents 22 Sep 05

bsccc092205.pdf

Correlation Talbles: 30- and 60-day

The volatility we have seen lately appears in the 30-day table--there is nothing that meets our usual criteria of 75% or more.

The highest 60-day correlation is between the Candian dollar and Soybeans at 82%.

092105%20Corrlation%20Table.pdf

$-Swiss 240-min...with standard retrace levels (right scale)

092105%20chf%20retrace.pdf

Tokyo land prices see first rise in 15 years

(Japane Times 09/21)- Land prices in Tokyo have risen for the first time since 1990, the government reports, bearing out ever-widening views of a pickup in the economy.

$-yen 240-min sitting on near-term support (futures resistance)

Neari-term support at 11108 (f/r 9087); key support at 11017 (f/r 9164)

092105%20jpy%20240.pdf

British pound 240-min

Key resistance at 18300 (trend and retrace). Near-term at 18147 (18123).

092105%20GBP%20240.pdf

Euro 240-min

Resistance (trend line and retrace) at 12288 (12342). Gap filled!

092105%20eur%20240.pdf

Aussie 90-min

A breakout of the consolidation (shakeout) pattern? We continue to believe Aussie yield and the move in metals will provide support for the currency over the intermediate-term.

092105%20aud%2090-min.pdf

Currency Currents 21 Sep 05

bsccc092105.pdf

USDCAD 90-min retrace levels

092005%20USDCAD%2090%20min%20retrace.pdf

C$: Time for a breather...

90-min C$ futures chart attached with retracement levels based on the latest run...

092005%20C%24%20futures.pdf

Fed Move: Aussie & British pound 1-day later

An FYI: Attached is a chart that shows the last six Fed hikes compared to the price action in the Aussie and British pound. The hike day is marked by the vertical red line. The letter L or H indicates where the Aussie and the pound finished the following day (after the hike). There doesn't seem to be any discernable pattern from this chart.

092005%20fed%20move%20vs%20pound%20aussie.pdf

Metals vs. Comdols Weekly

Still moving together...

092005%20metals%20vs%20comdols%20weekly.pdf

Gold Monthly: Nov '74 thru today

092005%20gold%20monthly.pdf

Currency Currents 20 Sep 05

Sustainability?
bsccc092005.pdf

Dollar Index Daily: Poor price action today!

091905%20%24%20Index%20daily.pdf

Aussie vs. C$ futures daily

Canadian dollar broke out to a new high, in tandem with the surge in gold and crude prices. But the Aussie didn't follow...yet the Aussie has quite an attractive yield and the latest economic news has been better than expected.

091905%20c%24%20vs%20Aussie.pdf

Euro 240-min...

A move back to 12200 only fills the gap...

091905%20eur%20240.pdf

British pound 90-min update...edging higher

091905%20gbp%2090-min%20update.pdf

Commitment of Traders 19 Sep 05

COT%20091905.pdf

$-CAD: Pennant resolved in the direction of the trend--down!

...as they usually are. I shouldn't have missed that...

091905%20cad%20daily.pdf

British pound 90-min setup

091905%20pound%20setup%2090-min.pdf

Gold/Oil Ratio at a low...

If we consider gold a standard of purchasing power, the cost of oil is very high...

091905%20gold%20oil%20ratio.pdf

Currency Currents 19 Sep 05

Is it an inflation story?

bsccc091905.pdf

Performance Summary Inception thru 16 Sep 05

FOREX%20TRACK%20RECORD%20thru%20091605.pdf

Position Summary 16 Sep

Position%20Summary%20091605.pdf

Weekly Summary 18 Sep 05 - Themes

Weekly%20Summary%20091805%20-%20themes.pdf

Weekly Currency Summary & Forecast - Charts

Weekly%20Summary%20091805%20-%20charts.pdf

Euro Drops as Merkel May Share Power With Social Democrats

Sept. 19 (Bloomberg) -- The euro fell as counting in Germany's election showed opposition leader Angela Merkel may have to share power with Gerhard Schroeder's Social Democrats.